CAM Analyst

Our Real Estate client in Newport Beach has expanded their domestic reach for new acquisitions in the retail market. The Controller is looking for someone who can concentrate on their most complex CAM reconciliations and assist other Property Accountants on property level financials.

PROPERTY RESPONSIBILITIES:

• Perform month-end close procedures including bank reconciliations, monthly accruals, recurring and non-recurring journal entries
• Manage complex CAM reconciliations in addition to lease abstracts for new acquisitions.
• Responsible for entering job cost budgets into MRI, contract review/approval, and review of submitted documentation for completeness
• Prepare construction management fee calculations and maintain invoice support
• Prepare/review monthly GAAP financial statements and support schedules
• Prepare monthly Fair Value financial statements as applicable
• Review of third party property management monthly reporting packages
• Prepare/maintain monthly Preferred Return Calculation schedules
• Provide support to the property management group on monthly variance explanations
• Prepare monthly Cash Requirement Analysis for investors
• Prepare monthly loan draw packages to lenders
• Responsible for meeting monthly, quarterly, and annual lender reporting requirements
• Responsible for cash management
• Review of accounts payable for accuracy
• Review new loan documents and prepare abstracts
• Update investor/lender reporting matrix
• Initiate outgoing wires for debt service and investor distributions
• Update monthly Marketing Schedule
• Update quarterly Lease Commission Schedule
• Prepare quarterly/annual reporting packages for investors
• Assist with annual financial statement audits and interact with auditors on questions and information requests
• Other projects as assigned

QUALIFICATIONS:

• B.S. / B.A. degree in Accounting/Finance
• 2-4 years post graduate experience
• 3+ years experience with complex CAM reconciliations including lease abstract
• Experience working with MRI (General Ledger, Accounts Payable, CM, and Job Cost Modules) a plus
• Knowledge of joint venture accounting
• Must be able to consistently achieve high work standards; attention to detail, accuracy and timeliness
• Expected to work with minimal up-front guidance and take ownership of his/her work product
• Excellent organizational and time management skills in order to meet tight deadlines
• Excellent oral and written English skills
• Strong working knowledge of MS Office Software including MS Word, Excel and Outlook, along with a general aptitude for technology
• Must be comfortable working in a fast paced environment where continuous improvement is expected
• Good interpersonal skills and a positive attitude; a team player